Mackinac Financial Corp (MFNC): Billionaire Michael Steinhardt’s Son Racking Up Big Gains

Page 2 of 8 SEC Filing

 

CUSIP No.   554571109

 

 

1

Names of Reporting Persons:
Steinhardt Capital Investors, LLLP

 

 

2

Check the Appropriate Box if a Member of a Group:

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only:

 

 

4

Source of Funds:
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):     o

 

 

6

Citizenship or Place of Organization:
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7

Sole Voting Power:
0

 

8

Shared Voting Power:
1,044,557(1)

 

9

Sole Dispositive Power:
0

 

10

Shared Dispositive Power:
1,044,557(1)

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person:
1,044,557(1)

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares:   o

 

 

13

Percent of Class Represented by Amount in Row (11):
16.8%(1)(2)

 

 

14

Type of Reporting Person:
PN (Limited Liability Limited Partnership)

 


(1) The information set forth in Items 4, 5 and 6 of this Amendment No. 2 to Schedule 13D is incorporated herein by reference. This number of Common Shares of Mackinac excludes 97,000 shares owned by the Limited Partner.

(2) This calculation is based on 6,217,620 Common Shares of Mackinac outstanding as of November 10, 2015, as reported in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2015.  This calculation excludes 97,000 Common Shares owned by the Limited Partner.

 

2


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